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Pinnacle Financial Partners Inc (PNFP.OQ)

PNFP.OQ on NASDAQ Stock Exchange Global Select Market

61.25USD
23 Jun 2017
Change (% chg)

$-1.50 (-2.39%)
Prev Close
$62.75
Open
$63.10
Day's High
$63.80
Day's Low
$61.15
Volume
3,906,267
Avg. Vol
265,518
52-wk High
$71.85
52-wk Low
$44.62

Latest Key Developments (Source: Significant Developments)

Shareholders of Pinnacle Financial Partners and BNC Bancorp approve proposals related to proposed merger
Monday, 12 Jun 2017 05:35pm EDT 

June 12 (Reuters) - BNC Bancorp : :BNC Bancorp - shareholders of Pinnacle Financial Partners and BNC Bancorp approve proposals related to proposed merger.BNC Bancorp - transaction is expected to close in Q2.  Full Article

Pinnacle Financial Partners enters amendment to loan agreement dated March 29, 2016
Tuesday, 2 May 2017 02:33pm EDT 

May 2 (Reuters) - Pinnacle Financial Partners Inc ::On April 26, 2017, co entered amendment to loan agreement with US Bank, National Association, dated March 29, 2016.Amendment extends maturity date of revolving credit facility provided under loan agreement to March 27, 2018 - SEC filing.  Full Article

PNFP reports Q1 earnings per share $0.82
Monday, 17 Apr 2017 05:58pm EDT 

April 17 (Reuters) - Pinnacle Financial Partners Inc PNFP.O-:PNFP reports diluted earnings per share of $0.82 for Q1 2017.Q1 earnings per share $0.83 excluding items.Q1 earnings per share $0.82.Q1 revenue rose 19.4 percent to $119.1 million.Q1 earnings per share view $0.77 -- Thomson Reuters I/B/E/S.Pinnacle Financial Partners Inc says net interest income for quarter ended march 31, 2017 was $88.8 million, compared to $89.4 million for Q4 of 2016.  Full Article

BNC Bancorp Q1 operating earnings per share $0.44
Monday, 17 Apr 2017 04:05pm EDT 

April 17 (Reuters) - BNC Bancorp ::BNC Bancorp announces earnings for first quarter 2017.Q1 operating earnings per share $0.44.Q1 earnings per share $0.28.Q1 earnings per share view $0.43 -- Thomson Reuters I/B/E/S.Entered into agreement and plan of merger With Pinnacle Financial Partners, Inc.Merger with pinnacle has received all necessary regulatory approvals.Shareholders will receive 0.5235 shares of pinnacle's common stock for every share of company's common stock.Qtrly net interest income $58.7 million versus $57.9 million.  Full Article

Pinnacle Financial Partners obtains regulatory approvals to acquire BNC Bancorp
Thursday, 6 Apr 2017 04:43pm EDT 

BNC Bancorp - : Pinnacle Financial Partners obtains regulatory approvals to acquire BNC Bancorp .Pinnacle anticipates merger of holding cos and banks should become effective late in q2 of 2017 or early in q3 of 2017.  Full Article

Pinnacle Financial Partners Q2 EPS $0.75 excluding items
Tuesday, 19 Jul 2016 05:30pm EDT 

Pinnacle Financial Partners Inc : Net interest income for quarter ended june 30, 2016 increased to $75.0 million, compared to $73.9 million for q1 of 2016 . Increased quarterly cash dividend to $0.14 per common share to be paid on aug. 26, 2016 . Anticipate improvement in future performance of non-prime consumer auto portfolio going forward . Pnfp reports diluted earnings per share of $0.73 for 2q 2016 . Q2 earnings per share $0.75 excluding items . Q2 earnings per share $0.73 . Q2 revenue $107.8 million . Q2 earnings per share view $0.75 -- Thomson Reuters I/B/E/S . Pnfp reports diluted earnings per share of $0.73 for 2q 2016 . Pinnacle financial partners inc says board of directors increased quarterly cash dividend to $0.14 per common share . Qtrly Shr Excluding Merger-Related charges, $0.75 .Q2 revenue view $104.3 million -- Thomson Reuters I/B/E/S.  Full Article

Avenue Financial shareholders approve merger with Pinnacle Financial
Tuesday, 21 Jun 2016 04:05pm EDT 

Avenue Financial Holdings Inc : Avenue Financial Holdings, Inc. Shareholders approve merger with Pinnacle Financial Partners, Inc. . Merger is expected to close on or about July 1, 2016 .Avenue financial holdings, inc. Shareholders approve merger with pinnacle financial partners, inc..  Full Article

Pinnacle Financial Partners gets regulatory approvals to buy Avenue Financial Holdings
Friday, 20 May 2016 12:13pm EDT 

Pinnacle Financial Partners Inc : Pinnacle Financial Partners obtains regulatory approvals to acquire Avenue Financial Holdings .Anticipates that merger of holding companies and banks should become effective late in Q2 or early in Q3 of 2016.  Full Article

Pinnacle Financial Partners Inc announces agreement to merge with Avenue Financial Holdings
Thursday, 28 Jan 2016 05:50pm EST 

Pinnacle Financial Partners Inc:Signing of a definitive agreement for Avenue to merge into Pinnacle.Avenue shareholders will receive 0.36 shares of pinnacle's common stock and $2.00 in cash for every Avenue share.Says deal immediately accretive to operating earnings.Says proposed merger of Avenue with and into Pinnacle has been approved unanimously by each company's board of directors.Says transaction is currently valued at approximately $201.4 million.In addition to merger consideration, Pinnacle will assume $20.0 million of subordinated debt previously issued by Avenue.Deal comprised of stock consideration of approximately 3.7 million shares of pnfp common stock and $23.2 million in cash.Says Pinnacle plans to close its green hills office and consolidate into avenue's space.At closing, Avenue shareholders will own about 8.1 percent of the combined firm on a fully diluted basis.Sees avenue's bank subsidiary, Avenue Bank Pinnacle Bank to merge simultaneously with merger of respective parent cos.Systems conversions are scheduled to be completed during Q3 or Q4 of 2016.Until that time, Avenue will continue to operate under current brand as division of Pinnacle Bank once deal is consummated.  Full Article

Pinnacle Financial Partners Inc declares cash dividend
Tuesday, 20 Oct 2015 05:31pm EDT 

Pinnacle Financial Partners Inc:Declares a $0.12 per share cash dividend to be paid on Nov. 27, 2015 to common shareholders of record as of the close of business on Nov. 6, 2015.  Full Article

More From Around the Web

BRIEF-Shareholders of Pinnacle Financial Partners and BNC Bancorp approve proposals related to proposed merger

* BNC Bancorp - shareholders of Pinnacle Financial Partners and BNC Bancorp approve proposals related to proposed merger